US EditionMusk's net worth hits $600 billion, Forbes says, as SpaceX preps for IPO
SpaceX’s $800 billion valuation added $168 billion to Musk’s net worth; Tesla and xAI gains also contributed to his historic wealth milestone.
- On Monday, Forbes reported Elon Musk, entrepreneur and CEO, became the first person worth $600 billion after SpaceX's tender offer valued the company at $800 billion.
- SpaceX accounts for $336 billion of Musk's net worth, with an August valuation rising from $400 billion to $800 billion, adding $168 billion; Forbes attributes $197 billion to Tesla, which approved a pay package potentially granting Musk $1 trillion in stock.
- Page and Brin's gains reflect Alphabet stock surging over 50% since mid-August to over $300, lifting Larry Page and Sergey Brin's worth to $265 billion and $246 billion on Monday.
- Forbes projects a SpaceX IPO at $1.5 trillion could make Musk the first trillionaire by 2026, as he needs $323 billion to reach $1 trillion and $23 billion for $700 billion.
- Over the years, milestones show Elon Musk hit $300 billion in November 2021 and $400 billion in December 2024, while rivals Bernard Arnault and Jeff Bezos briefly unseated him soon.
114 Articles
114 Articles
A time surpassed by the boss of Oracle, Larry Ellison, Elon Musk regains his richest place in the world. Better, he is approaching the unique threshold of $1,000 billion in fortune, thanks in particular to SpaceX.
Elon Musk Becomes the First Person Ever to Cross $600 Billion
Elon Musk. Credit: Wikimedia Commons / Trevor Cokley / Public Domain Elon Musk’s fortune has climbed past $600 billion for the first time, setting a new record after a surge in the value of his privately held space company, SpaceX. Musk is now worth about $638 billion, according to the Bloomberg Billionaires Index. The increase follows a recent insider share sale that valued SpaceX at roughly $800 billion, making it the world’s most valuable pri…
Elon Musk makes history after SpaceX offer surges net worth beyond eye-watering $600 billion: 'Obscene'
Elon Musk's march toward becoming the world's first trillionaire is becoming more like a rocket launch. Fittingly, SpaceX is at the center of Musk's net worth's accelerating pace. Forbes reported a dramatic rise in the company's equity value, which is boosting Musk's wealth. After a recent tender offer, SpaceX is now valued at $800 billion, doubling the previous $400 billion valuation from August. That increase is sending the company CEO's net w…
Elon Musk's wealth has soared past $600 billion—he's now worth double the next richest person alive, Google's cofounder Larry Page
The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.
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